Bitcoin faces growing bearish pressure as 10-year U.S. Treasury yields rise, diverting investor interest. Historically, higher Treasury yields reduce the appeal of riskier assets like BTC, as they make traditional investments more rewarding. The recent yield surge has raised concerns, pushing Bitcoin prices lower.As borrowing costs climb, Bitcoin’s role as an inflation hedge loses traction, […]
BTCUSD (Bitcoin) Buyers Face Challenges Maintaining Momentum BTCUSD buyers are finding it difficult to sustain their bullish strength after surpassing the significant $100,000 level. The pullback to $92,140 has created a critical zone where buyers must defend to reignite upward momentum or risk further decline. Bitcoin Key Levels Resistance Levels: $100,000, $105,000Support Levels: $92,140, $85,000The […]
Bitcoin Makes Another Fall Despite Persistent Buyers Bitcoin bulls are striving to regain control as the price dips to the $97,670 key level. After reaching a quarterly high of $108,550 earlier this month, Bitcoin has experienced a significant pullback, retreating to this critical support zone. BTCUSD Key Levels Resistance Levels: $89,000, $93,000Support Levels: $97,670, $98,900Despite […]
Bitcoin (BTCUSD) Bullish Strength Continues To Move Forward Bitcoin edges higher as buyers surpass the critical $100,000 level, signaling strong bullish momentum in the market. The cryptocurrency continues to build on the upward trend that began near the $50,000 zone, with buyers doubling the price trajectory over the past few months. BTCUSD Key Levels Resistance […]
Digital asset investment products have shattered previous records, with 2024 crypto inflows reaching an unprecedented $44.5 billion. The latest data from CoinShares shows a remarkable ten-week streak of positive investments, with the most recent week adding another $3.2 billion to the total, highlighting growing institutional confidence in cryptocurrency markets. Main Catalysts of Recent Crypto Inflows […]
Peter Brandt, a renowned trader and market analyst, has predicted that Bitcoin’s price could reach $125,000 as institutional interest and whale activity continue to drive demand. His bullish forecast has ignited discussions across the crypto space, further boosting market confidence. Bold Bitcoin Forecast by Peter Brandt Peter Brandt recently shared a chart projecting Bitcoin’s next […]
Bitcoin (BTC) is gaining traction worldwide as major countries take steps to embrace it. US President-elect Donald Trump has confirmed plans to create a national Bitcoin reserve. This move aims to keep the US ahead as countries like China continue advancing in cryptocurrency adoption. Trump first suggested the idea in July, stating Bitcoin could eventually […]
If you’ve been watching the crypto world lately, you’ve probably heard of MicroStrategy (MSTR). What started as a regular software company has become one of Wall Street’s most interesting Bitcoin stories. Let’s look at how this company changed from making business software to becoming a powerful force in the Bitcoin market. The Birth of a […]
Leading cryptocurrency research firm CoinShares reveals that Bitcoin mining expenses continued rising in 2024’s third quarter, with the average cash cost to produce one Bitcoin climbing to $55,950. This marks a 13% increase from Q2’s $49,500 figure, according to the firm’s latest report. The Growing Challenge of Bitcoin Mining Economics When including non-cash expenses like […]
